Equity mutual funds delivered up to 7% returns last week, with Mirae Asset Hang Seng TECH ETF FoF leading at 7.27%. Meanwhile, Franklin India Feeder – U.S. Opportunities Fund lost 4.91%.
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT